Mutual Funds

Charles Schwab Investment Management (CSIM) is one of the nation's largest money market fund managers. CSIM provides oversight for the instutitonal-style, sub-advised Laudus Funds^® family and manages Schwab Funds^® mutual funds, including nine funds that utilize our award-winning Schwab Equity Ratings^® for investment selection.

Investment Management Facts

Headquarters: San Francisco
History: In 1984, Mutual Fund MarketPlace^® debuts with 140 no-load funds. In 1992, no-transaction fee Mutual Fund OneSource^® service debuts, making mutual funds easier, less expensive and accessible to all.
Management: Randall W. Merk, executive vice president of Investment Management Services
Clients: Individual investors, financial advisors, corporate retirement plans, offshore customers, other financial intermediaries and Schwab Bank
Client Assets: $713.4 billion in total mutal fund assets as of December 31, 2009, including: $275.0 billion in Mutual Fund OneSource; $81.8 billion in mutual fund clearing services; and $243.8 billion in other third-party mutual funds.

Schwab Funds

Schwab Funds is one of the largest mutual fund managers in the United States. Managed by Charles Schwab Investment Management (CSIM), Schwab's asset-management arm, Schwab Funds offers an array of investment strategies to help investors meet their financial goals. Investment strategies include: equity index funds, actively managed equity funds using Schwab Equity Ratings, market track and target portfolios (asset allocation funds), fixed income funds and money market funds.

Schwab Funds Fast Facts

Founded in 1989
66 mutual funds

Laudus Funds

Laudus Funds opens the door to the expertise of some of the world's leading investment managers — all in one fund group. Using a rigorous selection process, the Laudus management team identifies and selects only the industry's most experienced, proven investment managers, including renowned institutional money managers. The Laudus management team and subadvisers adhere to highly disciplined management approach to ensure that the Funds are managed to optimize performance in diverse market conditions. The Laudus Group fund line-up is uniquely architected to meet the needs of investment advisers and sophisticated investors to deliver an uncommon collection or world-class equity funds. Laudus Funds are designed to work as core and complementary components of a portfolio, depending on an investor's long-term financial plan.

Laudus Funds Fast Facts

Founded in 2004

16 mutual funds

Mutual Fund OneSource and Mutual Fund Marketplace

Schwab's Mutual Fund Marketplace was launched in 1984, providing investors with an easy and economical way to invest in mutual funds. In 1992, Schwab took its boldest step since pioneering the discount brokerage when it introduced the Mutual Fund OneSource program — the industry's first no-load, no-transaction-fee mutual fund supermarket. Attracting more than $8 billion in its first year, Mutual Fund OneSource was recognized as an innovation that could change the mutual fund industry. Since then, Schwab has made mutual fund investing a central feature of its business. To help clients achieve their goals, we have launched new products and services like the Mutual Fund Select List®, a quarterly list of pre-screened funds compiled by the Schwab Center for FinancialResearch, and introduced new technologies such as online screening tools that allow clients to compare funds based upon the criteria they select.

Mutual Fund OneSource and Marketplace Fast Facts

Marketplace launched in 1984; Mutual Fund OneSource launched in 1992
More than 14,500 funds are available in the Mutual Fund Marketplace, including more than 11,000 with no loads or transaction fees (includes Affiliate funds)